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TronWeekly

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OKX Re-enters the U.S. Market with Fresh Leadership After $505M DOJ Resolution

  • OKX has re-entered the U.S. market with a new CEO and a new crypto wallet that supports over 130 blockchains.
  • The company settled with the DOJ for $505 million and agreed to comply with U.S. regulations, including implementing KYC checks and fraud detection.
  • Roshan Robert, a former director at Barclays, is the new CEO of OKX in the U.S.
  • The relaunch includes a transparent monthly reserve reporting system, verified by an external firm like Hacken.

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